---
schema_version: "secwatch.filing_event.v1"
accession: "0000807863-23-000083"
form_type: "8-K"
ticker: "MITK"
cik: "0000807863"
company_name: "MITEK SYSTEMS INC"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T18:13:41.569321+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mitek Systems reports record fiscal Q2 revenue of $45.3M, up 35% YoY; reiterates FY guidance

## Summary
- Total revenue $45.3M (record Q2), +35% YoY; GAAP EPS $0.10; non-GAAP EPS $0.29.
- First six months revenue $91.0M (+38% YoY); GAAP EPS $0.20; non-GAAP EPS $0.60.
- Cash flow from operations $6.3M in Q2; total cash & investments $114.5M.
- FY 2023 guidance reiterated: revenue $169-171M (+~18% YoY) and non-GAAP op margin 30-31%.
- Identity and Deposits revenue each up 35% YoY; CEO notes H2 growth moderation expected.

## SEC filing metadata
- accession: 0000807863-23-000083
- form_type: 8-K
- ticker: MITK
- cik: 0000807863
- company_name: MITEK SYSTEMS INC
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/807863/000080786323000083/0000807863-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/807863/000080786323000083/mitk-20230914.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000807863-23-000083
- JSON: https://secwatch.observer/filing/0000807863-23-000083.json
- Plain text: https://secwatch.observer/filing/0000807863-23-000083.txt

## Key facts
- Earnings Releases
  MITEK SYSTEMS INC reported second quarter of fiscal 2023 ended March 31, 2023 results: revenue $45.3 million, net income $4.4 million, or $0.10 per diluted share, EPS $0.10 per diluted share. Guidance reaffirmed.
  - Period: second quarter of fiscal 2023 ended March 31, 2023
  - Revenue: $45.3 million
  - Net income: $4.4 million, or $0.10 per diluted share
  - EPS: $0.10 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: increased 35% year over year, reaffirming Mitek’s market-leading position. Fiscal 2023 Second Quarter Financial Highlights • Total revenue increased 35% year over year to $45.3 million in a record second quarter. • GAAP net income was $4.4 million, or $0.10 per diluted share. • Non-GAAP net income was $13.1 million, or $0.29 per diluted share. • Cash flow from
  evidence_url: https://www.sec.gov/Archives/edgar/data/807863/000080786323000083/0000807863-23-000083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.